Rolex Cosmograph Daytona wristwatch
A Rolex Cosmograph Daytona wristwatch in 18k yellow gold (model 116528) which originally retailed for around £25,000 and is now offered at John Pye’s auction of assets seized from Shedley Manor in Derbyshire.

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Alan Yeomans, 63, formerly of Shedley Manor, Yeavley, in the Derbyshire countryside, was sentenced to six-and-a half years in prison in 2016 for offences including money laundering and the cultivation of cannabis.

Having been subject to a £650,000 confiscation order, Yeomans told officials he was bankrupt and concealed his six-bedroom home by using green cladding and a corrugated steel roof to disguise the property as a barn.

In subsequent proceedings, he was also charged with failing to disclose antiques and oil paintings worth over £80,000.

A police spokesman said that when they raided the property they were not only amazed to find it was filled with valuable antiques, pictures and jewellery, but also they located a secret door behind an oil painting which led to a room built by Yeomans and used to grow cannabis.

National head of corporate valuations at John Pye Auctions, Trevor Palethorpe, said: “This is a most unusual sale of a very wide variety of luxury items that could provide a bargain for art and fashion lovers. During his bankruptcy interview Yeomans declared that he only owned one wristwatch which he valued at £30 – the 18k Gold Rolex Daytona in question we would estimate to make at around 350 times that figure and it would have retailed for around £25,000.”

replica of a Robert Jupe circular mahogany dining table

A modern replica of a Robert Jupe circular mahogany dining table which was among the items seized from Shedley Manor in Derbyshire that are being offered at John Pye Auctions.

The auction is now live online on the John Pye website and ends on September 14. Viewing will take place at the auction house’s Marchington premises in Staffordshire from September 10-13.